Richard Lavey Buys Shares of The Hanover Insurance Group, Inc.
Executive VP Richard Lavey purchased 28 shares of The Hanover Insurance Group, Inc. on June 26, 2026.
Key Points
- Richard Lavey, Executive VP, bought 28 shares of The Hanover Insurance Group, Inc. on June 26, 2026.
- Shares of THG traded near $214.12 on Wednesday, with a market cap of $7.49 billion and a P/E ratio of 10.80.
- Analysts maintain varied ratings with price targets ranging from $195 to $220.
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Richard Lavey, Executive Vice President of The Hanover Insurance Group, Inc. (NYSE: THG), purchased 28 shares of the company on June 26, 2026. This transaction was not part of a planned trading program. Shares of The Hanover Insurance Group traded near $214.12 on Wednesday.
Insider Buying and Selling at The Hanover Insurance Group, Inc.
Alongside Richard Lavey's purchase, several other insiders also acquired shares on June 26, 2026. John Roche, President and CEO, bought 122 shares. Other executives like David John Lovely and Elizabeth Ward each acquired small stakes, with purchases of 11 shares and 4 shares respectively. These transactions were not executed under pre-arranged plans.
The Hanover Insurance Group, Inc. Stock Down 6.0%
Shares of The Hanover Insurance Group, Inc. traded near $214.12 on Wednesday. The company boasts a market capitalization of approximately $7.49 billion and a P/E ratio of 10.80. The stock has experienced a 52-week range from $160.70 to $220.00. Its 50-day moving average is $191.56, while the 200-day moving average stands at $180.63. The company has a low beta of 0.317, indicating less volatility compared to the broader market.
$THG stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts have varied opinions on The Hanover Insurance Group, Inc. Piper Sandler maintained its 'buy' rating with a target price of $220 on May 26, 2026. Oppenheimer also kept a 'buy' rating with the same target. Meanwhile, BMO Capital downgraded the stock to 'hold' with a target of $203 on May 19, 2026. The consensus target price among analysts is $206.38, based on 8 opinions.
About The Hanover Insurance Group, Inc.
The Hanover Insurance Group, Inc. provides a range of property and casualty insurance products and services in the United States. Headquartered in Worcester, Massachusetts, and led by CEO John Conner Roche, the company operates through segments including Core Commercial, Specialty, and Personal Lines. With around 4,900 employees, The Hanover Insurance Group offers coverage for commercial and personal needs, marketing its products through independent agents and brokers.
Bottom Line
The recent insider buying activity at The Hanover Insurance Group, Inc. highlights interest from its executive team, including Executive VP Richard Lavey. As a property and casualty insurance provider, the company's stock remains under analyst scrutiny with a mix of 'buy' and 'hold' ratings. Investors often watch insider transactions as potential signals of confidence in the company's future, though these moves are not always indicative of the stock's performance.
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